Theory problems based on us regulations

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Theory problems based on US regulations

1. What have been the two main purposes of U.S. banking regulation? Were the McFadden Act and the Glass-Steagall Act consistent with these two main purposes? Explain.

2. Which regulatory agency examines and supervises each of the following companies:

a. First National Bank

b. Farmer\'s State Bank

c. Hometown State Bank (not FDIC Insured)

d. Wells Fargo, a bank holding company

3. Distinguish between economies of scale and economies of scope? Which is more likely to be the driving force explaining a merger between two banks? Between a bank and another financial services company?

Reference no: EM1315986

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